Labor market economics

Labor market economics

The university certificate "Labor Market Economics" comprises an economics-oriented module from the Allensbach University Master's program. You will be able to derive the determinants of labor supply and labor demand in perfect labor markets, understand the equilibrium in the perfect labor market as a benchmark and interpret it.

They learn about the effects of different job characteristics on wage differentials and can understand why the labor market differs conceptually and structurally from other markets. This helps to derive incentive-compatible wage contracts, to understand the function of formal educational qualifications as a signal for individual skills and to explain the impact on human capital investments.

After completing your studies, you will be able to differentiate between various causes of discrimination in the labor market, transfer the effects of minimum wages to the models discussed and critically question them.

The university certificate concludes with an assignment and can be credited towards the MBA General Management program at Allensbach University.

The most important facts about your university certificate:

You will receive 10 ECTS for the university certificate, which can be credited towards the MBA General Management*.

• Admission requirements: Knowledge of economics at bachelor level
• Duration of study: 6 months + 6 months free extension
• Credit points: 10 ECTS
• Exam form: Submission task
• Start of studies: at any time
• Costs: EUR 165 per month, EUR 990 in total

The university certificate is Online and without compulsory attendance completed.

Are you interested? Then contact our student advisory service, we look forward to hearing from you!

You will find the registration form in the Online application.

* If admission to the MBA is possible or a first university degree is available.